Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Receives Average Rating of “Moderate Buy” from Analysts

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) has earned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $2.95.

Several equities analysts have recently issued reports on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Sportsman’s Warehouse in a report on Monday, December 29th. Robert W. Baird lowered their price target on Sportsman’s Warehouse from $3.50 to $2.00 and set a “neutral” rating for the company in a report on Friday, December 5th. Roth Mkm dropped their price target on Sportsman’s Warehouse from $4.25 to $2.25 and set a “buy” rating on the stock in a research report on Friday, December 5th. Finally, Wall Street Zen upgraded Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd.

Institutional Investors Weigh In On Sportsman’s Warehouse

Several large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its position in Sportsman’s Warehouse by 30.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 318,683 shares of the company’s stock valued at $317,000 after acquiring an additional 74,601 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Sportsman’s Warehouse by 217.1% during the 1st quarter. Acadian Asset Management LLC now owns 216,605 shares of the company’s stock worth $214,000 after acquiring an additional 148,296 shares during the last quarter. Greenwood Gearhart Inc. raised its stake in Sportsman’s Warehouse by 75.3% in the 2nd quarter. Greenwood Gearhart Inc. now owns 55,897 shares of the company’s stock valued at $193,000 after acquiring an additional 24,002 shares during the period. Vanguard Personalized Indexing Management LLC acquired a new stake in Sportsman’s Warehouse during the 2nd quarter valued at $45,000. Finally, Stratos Wealth Partners LTD. boosted its holdings in Sportsman’s Warehouse by 50.0% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 18,000 shares of the company’s stock valued at $62,000 after purchasing an additional 6,000 shares during the period. Institutional investors own 83.04% of the company’s stock.

Sportsman’s Warehouse Trading Up 5.0%

Shares of NASDAQ SPWH opened at $1.48 on Tuesday. The company’s 50 day simple moving average is $1.62 and its 200 day simple moving average is $2.47. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.20 and a quick ratio of 0.06. The firm has a market capitalization of $56.95 million, a P/E ratio of -1.53 and a beta of 0.57. Sportsman’s Warehouse has a fifty-two week low of $0.92 and a fifty-two week high of $4.33.

Sportsman’s Warehouse (NASDAQ:SPWH) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The firm had revenue of $331.32 million during the quarter, compared to analyst estimates of $331.11 million. Sportsman’s Warehouse had a negative net margin of 3.05% and a negative return on equity of 7.20%. On average, analysts predict that Sportsman’s Warehouse will post -0.65 EPS for the current year.

About Sportsman’s Warehouse

Sportsman’s Warehouse, Inc (NASDAQ: SPWH) operates as a specialty retailer of hunting, shooting, fishing, camping and related outdoor sports equipment in the United States. The company’s brick-and-mortar footprint comprises over 100 retail locations across more than 20 states, complemented by an e-commerce platform that serves anglers and outdoorsmen nationwide. By focusing on core outdoor activities, Sportsman’s Warehouse delivers a comprehensive shopping experience for enthusiasts of all skill levels.

The retailer’s product assortment includes firearms and ammunition, archery gear, fishing tackle and boats, camping supplies, outdoor apparel and footwear, water sports equipment and pet supplies.